Private Equity
Pantheon Ventures, one of the earliest fund of funds entrants in the Asian market, has hired Brian Lim from UK government-backed CDC Group. Lim will join the firm's Hong Kong-based team, currently investing an $800m Asian fund of funds.
2 min read · 05 January 2013
The fund will reportedly invest in distressed shipping assets and provide expansion capital to shipping companies.
1 min read · 05 January 2013
Gavin Wilson, a London-based Goldman Sachs executive, has been named IFC Asset Management Company’s first chief executive officer.
2 min read · 05 January 2013
The Canadian private equity firm has been amassing the bankrupt casino operator’s senior debt. Onex made the investment from its third buyout fund, which is nearing a $3.5bn close.
2 min read · 05 January 2013
The asset manager raised capital from its limited partners, including the Oregon Investment Council, to repay margin debt on the German apartment owner which has reportedly been struggling with its debt load.
1 min read · 05 January 2013
Each firm has purchased a photovoltaic plant that has an attractive government-backed feed-in tariff. The tariff – which locked in multi-year fixed rates for projects connected to the power grid from September 2007 to September 2008 – fuelled a solar development boom in Spain.
2 min read · 05 January 2013
Oregon Investment Council has been asked by the New York-based investment firm to invest additional equity into its Gagfah deal, as it looks to pay down debt on the German residential property company. Fortress went to its LPs rather than go to 'outside sources'.
1 min read · 05 January 2013
The US firm wants to raise the money to help pay down debt in its German residential business, Gagfah, as well as alleviate funding issues at its other real estate investments, according to a report.
2 min read · 05 January 2013
Debt and declining consumer demand has sent Australia's Riviera Group into receivership. It marks the second private equity-backed yacht investment to sink in 2009, the first having been Candover- and Permira-backed Ferretti in February.
2 min read · 05 January 2013
Last year’s PEI Private Equity Leader Award winner has said that the European venture capital market will not achieve the same status as that of the US or Israel without the creation of a functioning public market for high growth companies.
2 min read · 05 January 2013
